Truist Financial Initiates Coverage on Dell Technologies (NYSE:DELL)

Equities researchers at Truist Financial initiated coverage on shares of Dell Technologies (NYSE:DELL) in a research note issued on Tuesday, Marketbeat Ratings reports. The firm set a “hold” rating and a $170.00 price target on the technology company’s stock. Truist Financial’s price target points to a potential upside of 0.38% from the stock’s current price.

DELL has been the topic of several other research reports. Piper Sandler lowered their target price on shares of Dell Technologies from $172.00 to $167.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Morgan Stanley boosted their price objective on shares of Dell Technologies from $101.00 to $110.00 and gave the company an “underweight” rating in a report on Friday, February 27th. Dbs Bank upgraded shares of Dell Technologies to a “moderate buy” rating in a research report on Monday, January 5th. Daiwa Securities Group raised their target price on shares of Dell Technologies from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Friday, March 6th. Finally, The Goldman Sachs Group initiated coverage on shares of Dell Technologies in a research report on Tuesday, January 13th. They issued a “buy” rating and a $165.00 target price for the company. Seventeen investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $166.89.

Dell Technologies Trading Up 3.2%

Shares of DELL opened at $169.35 on Tuesday. The company has a market cap of $109.36 billion, a price-to-earnings ratio of 19.42, a P/E/G ratio of 0.67 and a beta of 0.88. The business’s fifty day simple moving average is $137.10 and its two-hundred day simple moving average is $136.51. Dell Technologies has a 12 month low of $66.25 and a 12 month high of $186.39.

Dell Technologies (NYSE:DELL) last posted its quarterly earnings results on Thursday, February 26th. The technology company reported $3.89 earnings per share for the quarter, topping the consensus estimate of $3.53 by $0.36. Dell Technologies had a negative return on equity of 236.90% and a net margin of 5.23%.The firm had revenue of $33.38 billion during the quarter, compared to analysts’ expectations of $31.60 billion. During the same quarter in the previous year, the business earned $2.68 earnings per share. The company’s revenue was up 39.5% on a year-over-year basis. Dell Technologies has set its Q1 2027 guidance at 2.900-2.900 EPS and its FY 2027 guidance at 12.900-12.900 EPS. As a group, research analysts forecast that Dell Technologies will post 6.93 EPS for the current year.

Insider Buying and Selling at Dell Technologies

In other Dell Technologies news, insider William F. Scannell sold 143,067 shares of the stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $165.00, for a total value of $23,606,055.00. Following the transaction, the insider directly owned 21,779 shares in the company, valued at approximately $3,593,535. This trade represents a 86.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Ellen Jamison Kullman sold 150,346 shares of Dell Technologies stock in a transaction on Friday, March 6th. The stock was sold at an average price of $145.13, for a total transaction of $21,819,714.98. Following the transaction, the director owned 65,662 shares in the company, valued at $9,529,526.06. This represents a 69.60% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 2,595,522 shares of company stock worth $403,091,708. 42.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Dell Technologies

A number of institutional investors have recently bought and sold shares of the stock. Armstrong Advisory Group Inc. increased its position in Dell Technologies by 3.6% in the third quarter. Armstrong Advisory Group Inc. now owns 1,829 shares of the technology company’s stock worth $259,000 after buying an additional 63 shares in the last quarter. Flagship Harbor Advisors LLC grew its stake in shares of Dell Technologies by 1.3% during the 3rd quarter. Flagship Harbor Advisors LLC now owns 5,563 shares of the technology company’s stock valued at $789,000 after acquiring an additional 71 shares during the period. Westside Investment Management Inc. grew its stake in shares of Dell Technologies by 35.8% during the 3rd quarter. Westside Investment Management Inc. now owns 296 shares of the technology company’s stock valued at $43,000 after acquiring an additional 78 shares during the period. Pinnacle Associates Ltd. increased its holdings in Dell Technologies by 0.4% in the 3rd quarter. Pinnacle Associates Ltd. now owns 21,631 shares of the technology company’s stock worth $3,067,000 after acquiring an additional 78 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC raised its stake in Dell Technologies by 2.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 3,559 shares of the technology company’s stock worth $504,000 after acquiring an additional 81 shares during the period. 76.37% of the stock is owned by institutional investors.

Key Stories Impacting Dell Technologies

Here are the key news stories impacting Dell Technologies this week:

• Positive Sentiment: Evercore ISI raised its price target on DELL to $205 and maintained an Outperform rating, citing demand drivers in AI/data center hardware — a clear catalyst for buying interest. Evercore Outperform
• Positive Sentiment: London Stock Exchange selected Dell for its on-prem infrastructure and private cloud platform — a sizable, high-visibility enterprise win that supports Dell’s systems and services revenue outlook. LSE picks Dell
• Positive Sentiment: Dell is advancing its enterprise voice-AI stack via partnerships with Deepgram and Penguin Solutions (PowerEdge + NVIDIA GPUs), reinforcing its positioning for high-margin AI infrastructure demand. Dell voice-AI push
• Positive Sentiment: Channel partner Connection achieved Dell’s Titanium Black status (highest partner tier), which can accelerate large enterprise deals and distribution of Dell solutions. Connection Titanium Black
• Neutral Sentiment: CEO Michael Dell will appear at Bank of America’s “View From the Top” CEO Series (April 7) — investors may watch for commentary on strategy, margins, and AI demand but no immediate financials are expected. Michael Dell to Present
• Neutral Sentiment: Recent momentum-themed coverage (Zacks, Seeking Alpha/Fool pieces) highlights Dell as a growth/momentum/value candidate — this can attract momentum flows but is not a direct earnings catalyst. Zacks momentum piece
• Negative Sentiment: Some recent analyst coverage has been cautious and triggered a pullback earlier this week; that cautious view remains a short-term headwind if fresh downgrades appear. Cautious analyst coverage
• Negative Sentiment: Truist initiated coverage with a Hold and a ~$170 target, implying limited near-term upside from that shop — mixed research can mute momentum. Truist coverage

About Dell Technologies

Dell Technologies Inc is a multinational technology company that designs, manufactures and sells a broad range of information technology products, solutions and services. Its offerings span client computing devices (consumer and commercial laptops and desktops), enterprise infrastructure (servers, storage systems and networking equipment), software and cloud infrastructure, and a variety of professional services such as IT consulting, deployment, managed services and financing solutions. The company serves organizations of all sizes as well as individual consumers, with products and services aimed at enabling digital transformation and modern IT environments.

Founded by Michael Dell in 1984, the company grew from a direct-to-consumer PC business into a diversified IT provider through organic expansion and strategic acquisitions.